factual

What is the relationship between the Wisconsin Addendum and the Counselor Realty Franchise Agreement?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

EXHIBIT E

WISCONSIN ADDENDUM COUNSELOR REALTY FRANCHISING, INC. FRANCHISE DISCLOSURE DOCUMENT AND FRANCHISE AGREEMENT

Chapter 135, Stats., the Wisconsin Fair Dealership Law, supersedes any provision of the Franchise Agreement that is inconsistent with that law.

Source: Item 22 — CONTRACTS (FDD page 32)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, the Wisconsin Addendum is an exhibit that modifies the Franchise Agreement to comply with Wisconsin law. Specifically, Chapter 135 of the Wisconsin Statutes, known as the Wisconsin Fair Dealership Law, takes precedence over any conflicting provisions in the standard Counselor Realty Franchise Agreement. This ensures that the franchise agreement adheres to the specific legal protections afforded to franchisees in Wisconsin.

For a prospective Counselor Realty franchisee in Wisconsin, this means that the terms of the franchise agreement are subject to the Wisconsin Fair Dealership Law. If any part of the standard agreement is inconsistent with this law, the Wisconsin Fair Dealership Law will govern. This addendum is included as part of the Franchise Disclosure Document provided to potential franchisees in Wisconsin.

It is important for potential franchisees to carefully review both the Franchise Agreement and the Wisconsin Addendum with legal counsel to fully understand their rights and obligations under Wisconsin law. This ensures that the franchisee is aware of any specific protections or requirements that apply to their franchise operation within the state.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.